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jon lapook reports. and it's a place where wounded warriors learn to hope again. david martin on the closing of walter reed. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> schieffer: good evening, scott's off tonight. i'm bob schieffer. the fallout from washington's inability to find a solution to the budget crisis and raise the debt limit has, apparently, begun. on wall street, the stock market was down for the third day in a row. the dow fell more than 198 point today. for the week, it's down nearly 400 points, and it has lost close to $105 billion in value. some of the bond rating services are now saying that even if congress does reach an agreement on a budget plan, it may be too late to avoid lowering the rating on some american securities. we have three reports tonight on that and what it means for small business and your credit card. and we start with anthony mason. anthony. >> reporter: bob, america's credit rating has never fallen below triple "a," but with washington looking increasingly dysfunctional, economists now see
jon lapook reports. and it's a place where wounded warriors learn to hope again. david martin on the closing of walter reed. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> schieffer: good evening, scott's off tonight. i'm bob schieffer. the fallout from washington's inability to find a solution to the budget crisis and raise the debt limit has, apparently, begun. on wall street, the stock market was down for the third day in a row. the dow fell...
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with jon ralston." >> woodruff: it's great to see you both again. an john ralston i'm going to start with you. is that description we heard from jay carney at the white house, the voters are frustrated with dysfunction, does that sound like what you're hearing in nevada? or what are you hearing? >> yeah, judy, i think it is pretty of the name out-- same out here or worse than it is in the rest of the country. remember we have maybe the worst economy in the country, highest unemployment rate. we are the center of the foreclosure crisis in america. more than half the people who live here who are homeowners, their homes are underwater. so people up here are up set. they have been for some time. and yeah, the anti-washington sentiment which is kind of endemic to nevada in the first place is only accentuated by what is going on right now. >> woodruff: so what's going on right now, you're saying, playings into a feeling, a sense that's already there? >> it is here. and then we have this other cruise i believe, the first house election in the history of th
with jon ralston." >> woodruff: it's great to see you both again. an john ralston i'm going to start with you. is that description we heard from jay carney at the white house, the voters are frustrated with dysfunction, does that sound like what you're hearing in nevada? or what are you hearing? >> yeah, judy, i think it is pretty of the name out-- same out here or worse than it is in the rest of the country. remember we have maybe the worst economy in the country, highest...
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my name's jon forsythe, and i sea fd differently. >> welcome to news by the numbers. i'm in the control room. don't try to follow me. you'll never break security. 56 miles per gallon, that's the new fuel efficiency. that's the target president obama has set for the year 2025. i'll be 31. automakers say the new standard threatens their recovery. let's go to the bottom screen and look at brains. next 20%. scientists say that's how much bigger people's brains are north of the equator. do you believe this? but size doesn't matter. northerners are not any smarter than their counterparts when it comes to that. and back up top finally $2.60. that's the average price per tooth left by the tooth fairy. it's down $0.40 from last year. my daughter lost her -- this tooth, it cost me more than $2.60. according to that teleprompter, i got nothing else to say. >> all right. thank you, brian. a pittsburgh area restaurant got national attention and support for banning kids under 6 years old. but children are getting locked out of everything from hotels to airlines. so what's with the
my name's jon forsythe, and i sea fd differently. >> welcome to news by the numbers. i'm in the control room. don't try to follow me. you'll never break security. 56 miles per gallon, that's the new fuel efficiency. that's the target president obama has set for the year 2025. i'll be 31. automakers say the new standard threatens their recovery. let's go to the bottom screen and look at brains. next 20%. scientists say that's how much bigger people's brains are north of the equator. do you...
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as abc's jon karl reports it's not just democrats versus republicans, it's republicans versus republicans. >> reporter: john boehner is cracking the whip. he convened a meeting of all 240 house republicans today. sources who were there tell abc he had a blunt message for tea partyers. get your ass in line, he said, i can't do this job unless you are behind me. >> get you guys in line? >> we are a team, we are about trying to move the country forward. >> reporter: the tough talk does appear to be working. but it's not an easy sell. some of the tea partyers still just don't believe those dire warnings about government default. >> armageddon happens at midnight, august 3, is not the case, it is not true. >> reporter: kevin mccarthy, the third ranking republican in the house, urged republicans to unite behind boehner's plan by showing this clip from "the town." >> i need your help. i can't tell you what it is, you can never ask me about it later, we're going to hurt some people. >> which car we going to take? >> reporter: tea party republican alan west liked what he heard. >> i got up and tol
as abc's jon karl reports it's not just democrats versus republicans, it's republicans versus republicans. >> reporter: john boehner is cracking the whip. he convened a meeting of all 240 house republicans today. sources who were there tell abc he had a blunt message for tea partyers. get your ass in line, he said, i can't do this job unless you are behind me. >> get you guys in line? >> we are a team, we are about trying to move the country forward. >> reporter: the...